Should I buy Rcom? Stock really crashed completely to worst levels. Size 50k.
Well no offense but if you have decided to donate money you should prefer unprivileged ones. Buying a bad business is absolutely like burning your money.
why you want to buy rcom this company will close very soon , lot of good company is there , HDFC bank is giving yearly 20% for a decade why you r not considering , best stock to invest for long term is RBL its next HDFC bank consider bro that one
RCom is like a depreciating call option (time decay). Once you bought and went in to loss you are stuck forever (consistent pain is the only experience). Only novice traders buy a falling asset. They think they will buy a falling stock and get out with a quick gain of 5 to 10%. And you know next they found themselves down by 5%. Trading for a consistent profit month after month is not a child’s play.
Lot of “bad” stocks have given double or triple returns from bottom even in worst years like 2018
But there is a risk of similar debt laden stocks like Shilpi Cable, Castex Tech, Unitech. You can see their price did not stop at 2 rs or even 1 rs and they kept falling.
So decide after considering that also.
Just buy 5k quantity and forget for next 5 years.
I’m thinking Rcom will consolidate with any other. @vishnux
if you are lucky , surely some news will come and surely there will be 2 or 3 rupees spike .
Nah! Really I never believed in luck. I just wanted to know, is that a really good idea.
This is my first investment. Just want to know the views.
I would like to give the Mr. Market for tuition fee for learning my mistakes, but knowingly giving a bad teacher tuition fee is a very bad idea.
If u need logical advice , its worst decision , if u buy it , its just like buying lottery
Rcom is more like an expired poison. Everyone is scared of tasting it.
Its traded once in a week .Looks like all money spent is just drained .Can i keep any hopes or never think of it anymore
any idea whats next for this stock pls